I'm not sure what happened or what prompted advertisers to choose my site, but it definitely surprised me because I had not expected it to happen even after two years as a member. I'm dropping everyday to make bloggers more familiar with Seek No More and what it stands for and not really to attract rich EC members to advertise.
What I observed with my blog in the last four days and counting is better explained when you look at the basic economic law of supply and demand. The more EC members advertising on Seek No More, the higher is the price charged. This is assuming that all other factors such as popularity, blog category and the likes remain constant.
However, I could not find any economic theory that can help explain why anybody is willing to shell out 32,768 ECs or even 16,384 ECs for a one day ad exposure. The only possible reason I could think of why advertisers such as, Hot Graphics, Free Blogger Templates, East Coast Life, Guitarbench, Maitri's Heart, Paperkraft and My Gypsy Goods, can afford to do this is because they are trying to beat the 100K credit cap on ECs that Entrecard will start implementing on 31 March 2010. After that date, Entrecard will automatically deduct credits from users that surpassed the limit.
The change was supposed to ensure a stable credit economy, reduce outstanding credit in the system and make advertising more affordable. The inflated cost of advertising on my blog could be a temporary effect which could taper off in the coming days ahead.
I'm not sure about the figure, but I think the most expensive blog on Entrecard costs approximately 1,048,576 ECs and this happened way back in 2008. During that time, Entrecard members are trying to trim down their credits by holding contests and awarding winners with thousands of ECs. This year, no major EC contest was held, but I’m planning to throw one very soon to celebrate some notable achievements of this site.





